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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.WT

i-80 Gold Corp. is a mining company. The Company is a gold and silver producer engaged in the exploration, development and production of gold, silver mineral and poly-metallic deposits. Its operations include Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. The Company owns a 100% interest in the Lone Tree and Buffalo Mountain gold deposits and Lone Tree processing complex (collectively, the Lone Tree Project). The total land package of the Lone Tree property consists of approximately 12,000 acres. The Ruby Hill Project is an advanced-stage development project with residual heap leach production, located within the Battle Mountain-Eureka Trend. It owns a 100% interest in the Granite Creek gold project located at the intersection of the Getchell gold belt and the Battle Mountain-Eureka Trend in Humboldt County, Nevada. It owns a 100% interest in the McCoy-Cove project. It holds a 100% interest in the FAD project located along the Battle Mountain-Eureka Trend in Eureka County, Nevada.


TSX:IAU - Post by User

Comment by metalhead666on Aug 12, 2024 4:56pm
71 Views
Post# 36175302

RE:Rocks and Stocks chat with Downie today

RE:Rocks and Stocks chat with Downie todayNone of you will see it but Ewan basically admits that they are doomed to massive prolonged dilution. The autoclave itself will cost at least $300 million....it cannot be run without all 3 projects supplying it...if you can do basic arithmetic you'll realize that a massive amount of capital is required to bring 3 mines online. Despite the silly euphoria today because gold went up and there was a buyout...I'll wager that I80 never produces an ounce or if they do it will be with a billion shares outstanding and a whole lot of debt and or vultures feeding on their carcass with streaming and royalty deals unfavorable for you and this company that got too far out on the limb.
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